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Realizing the national need and the strategic importance of construction to economic development, the Government of Egypt has taken measures to encourage and support infrastructure planning, establishment of new communities and tourism development. The last decade witnessed massive developments on the Mediterranean and Red Sea coasts, Sinai and suburban Cairo.

The residential and resort real estate markets in Egypt have experienced a boom, wherein numerous new real estate and tourism developments have been undertaken to address the country's needs. The demand still exists and with the government’s backing to increase tourism the private sector is encouraged to construct tourist resorts in new attractive areas on the Red Sea coast, Sinai and the North Coast. While rapid growth has taken place it is expected that growth will continue over the next few years in both the residential and tourism sectors.

The projects undertaken by REMCO have varying life cycles which helps in ensuring a steady stream of profits and enhanced cash management thus minimizing the impact of the cyclical nature of property development. REMCO's value will be that of an ongoing concern with long-term profit generation capability.

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